California Public Employees Retirement System Portfolio holdings
The California Public Employees’ Retirement System (CalPERS), established in 1932 and headquartered in Sacramento, California, is the largest public pension fund in the U.S., managing over $510 billion in assets as of late 2024 to provide retirement and health benefits to more than 2 million state and local government employees, retirees, and their families. Operating as a defined benefit plan, CalPERS invests globally across equities, fixed income, real estate, private equity, and infrastructure, guided by a 13-member board and a commitment to sustainable investing and ESG (environmental, social, governance) principles under Chief Investment Officer Ben Meng since 2024. Known for its influential shareholder activism—pushing for corporate governance reforms—CalPERS serves over 3,000 employers, including state agencies and school districts, balancing long-term funding needs with a $100 billion unfunded liability challenge. As a cornerstone of California’s public sector, it blends financial stewardship with a mission to secure retiree livelihoods.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
+$133M |
| 2 |
ExxonMobil
XOM
|
+$42.8M |
| 3 |
TFCF
Twenty-First Century Fox, Inc. Class B
TFCF
|
+$39.3M |
| 4 |
Intel
INTC
|
+$17.4M |
| 5 |
News Corp Class A
NWSA
|
+$16.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
FON
SPRINT CORP FON COM
FON
|
+$64.4M |
| 2 |
State Street SPDR S&P Emerging Markets Small Cap ETF
EWX
|
+$48.8M |
| 3 |
BMC
BMC SOFTWARE, INC
BMC
|
+$21.9M |
| 4 |
Leidos
LDOS
|
+$17.8M |
| 5 |
CLVS
Clovis Oncology, Inc.
CLVS
|
+$16.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 15.33% |
| 2 | Technology | 13.26% |
| 3 | Healthcare | 11.9% |
| 4 | Industrials | 11.23% |
| 5 | Energy | 10.08% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
FIRE
1126
DELISTED
SOURCEFIRE INC COM STK
FIRE
| $5.97M | 0.01% |
78,583
+17,000
| +28% | +$1.21M |
|
|
SKS
1127
DELISTED
SAKS INCORPORATED
SKS
| $5.96M | 0.01% |
373,770
+45,300
| +14% | +$705K |
|
|
THOR
1128
DELISTED
THORATEC CORPORATION
THOR
| $5.96M | 0.01% |
159,747
+22,800
| +17% | +$797K |
|
|
ESND
1129
DELISTED
Essendant Inc.
ESND
| $5.95M | 0.01% |
136,764
+600
| +0.4% | +$24.4K |
|
1130
Myriad Genetics
MYGN
$311M
| $5.94M | 0.01% |
252,952
+31,400
| +14% | +$892K |
|
|
VHS
1131
DELISTED
VANGUARD HEALTH SYS INC COM STK (DE)
VHS
| $5.93M | 0.01% |
282,200
+18,800
| +7% | +$393K |
|
|
RAVN
1132
DELISTED
Raven Industries Inc
RAVN
| $5.92M | 0.01% |
181,110
+15,200
| +9% | +$476K |
|
|
PPS
1133
DELISTED
Post Properties
PPS
| $5.91M | 0.01% |
131,264
+1,083
| +0.8% | +$50.7K |
|
|
PRA
1134
DELISTED
ProAssurance
PRA
| $5.91M | 0.01% |
131,094
+554
| +0.4% | +$27.7K |
|
|
ADVS
1135
DELISTED
Advent Software Inc
ADVS
| $5.9M | 0.01% |
185,880
+3,600
| +2% | +$107K |
|
1136
EPR Properties
EPR
$4.63B
| $5.9M | 0.01% |
121,078
+13,100
| +12% | +$660K |
|
1137
Deluxe
DLX
$1.12B
| $5.9M | 0.01% |
141,607
+17,800
| +14% | +$715K |
|
|
CRR
1138
DELISTED
Carbo Ceramics Inc.
CRR
| $5.88M | 0.01% |
59,327
+7,900
| +15% | +$672K |
|
|
MIC
1139
DELISTED
Macquarie Infrastructure Holdings, LLC
MIC
| $5.88M | 0.01% |
109,735
+20,000
| +22% | +$1.1M |
|
|
POWR
1140
DELISTED
POWERSECURE INTL INC COM STK (DE)
POWR
| $5.87M | 0.01% |
365,900
+290,800
| +387% | +$4.58M |
|
1141
Oxford Industries
OXM
$556M
| $5.87M | 0.01% |
86,366
+6,100
| +8% | +$403K |
|
|
DF
1142
DELISTED
Dean Foods Company
DF
| $5.87M | 0.01% |
303,947
+27,989
| +10% | +$566K |
|
|
GES
1143
DELISTED
Guess Inc
GES
| $5.86M | 0.01% |
196,334
+8,448
| +4% | +$264K |
|
1144
Mid-America Apartment Communities
MAA
$15.4B
| $5.84M | 0.01% |
93,462
+845
| +0.9% | +$54.6K |
|
|
SCS
1145
DELISTED
Steelcase
SCS
| $5.84M | 0.01% |
351,119
+23,800
| +7% | +$363K |
|
|
SEP
1146
DELISTED
Spectra Engy Parters Lp
SEP
| $5.81M | 0.01% |
132,500
+1,268
| +1% | +$55.2K |
|
1147
Neogen
NEOG
$2.49B
| $5.81M | 0.01% |
382,840
+32,800
| +9% | +$469K |
|
1148
Diamondrock Hospitality Co
DRH
$2.48B
| $5.79M | 0.01% |
542,869
+76,600
| +16% | +$767K |
|
|
EXPR
1149
DELISTED
Express, Inc.
EXPR
| $5.79M | 0.01% |
12,275
+1,685
| +16% | +$744K |
|
1150
Cracker Barrel
CBRL
$1.25B
| $5.79M | 0.01% |
56,070
+5,900
| +12% | +$591K |
|
Similar funds
California Public Employees Retirement System's Q3 2013 Portfolio in Review
As of Q3 2013, California Public Employees Retirement System held 4,090 positions worth $54B, up 8.3% from $49.8B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Trading was light in Q3 2013: portfolio turnover was 4.9%. California Public Employees Retirement System opened 93 new positions and exited 108, leaving the 4,090-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 15% of assets, down from 16% a quarter earlier, followed by Technology and Healthcare.
- California Public Employees Retirement System's largest Q3 2013 buy was Twenty-First Century Fox, Inc. Class A: 4,216,182 shares worth $141M.
- California Public Employees Retirement System added most to ExxonMobil in Q3 2013, an estimated $42.8M increase.
- California Public Employees Retirement System's biggest Q3 2013 reduction was State Street SPDR S&P Emerging Markets Small Cap ETF, cutting an estimated $48.8M.
- California Public Employees Retirement System fully exited SPRINT CORP FON COM in Q3 2013, selling an estimated $64.4M.
- California Public Employees Retirement System's ten largest holdings make up 14% of its $54B portfolio in Q3 2013.
- California Public Employees Retirement System opened 93 new positions and closed 108 in Q3 2013.
- California Public Employees Retirement System's portfolio value rose 8.3% quarter-over-quarter to $54B.
Based on California Public Employees Retirement System's 13F filing for Q3 2013, filed 12 Nov 2013.